In any country of the world, the process of acquiring a land plot in ownership is accompanied by certain legal procedures related to the registration of a property or its re-registration, namely:
registration of ownership of a land plot (for agricultural and/or non-agricultural purposes);
making changes to the ownership of a land plot (for agricultural and/or non-agricultural purposes);
making changes to the size of a land plot (for agricultural and / or non-agricultural purposes) — cutting, allotment, joining, division;
making changes to the boundaries of a land plot (for agricultural and / or non-agricultural purposes), including changing the geometry of the site and resolving disputes with the boundaries of neighboring plots, etc.
Currently, not all countries have a specific Land Code that would regulate the relationship of the parties in the process of leasing or buying and selling land. The market is controlled and regulated by a number of complex and controversial documents, codes and acts, including the Law on Spatial Planning, Architectural and Construction Activities, the Constitution, the Law on Water, the Law on Forest, the Law on Household Waste, etc. It is extremely difficult for an inexperienced buyer to understand the intricacies of which.
On the other hand, over the years, land remains a promising and profitable investment. And there are many reasons for this — from year to year, prices for land plots experience a constant and stable increase, for investments in real estate objects you can get a residence permit, agricultural, construction segments and tourism activities — the most popular and profitable sectors of the economy.
The main stupor for the development of the market for the purchase / sale of land is the Law «On Ownership of Agricultural Land». There are many land plots, but 90% of them are not ready for this or that transaction and are either not registered at all, or are in the process of registration, or they have the status of agricultural land. And the law clearly states: foreign citizens do not have the right to acquire agricultural land, including foreigners who have married citizens of the state. A foreign citizen acquires the right to own an agricultural land plot if he inherits it. However, he is immediately presented with requirements for cultivating this land, without fulfilling which within three years, the owner loses the right of ownership, and the land passes into the possession of the state. A deal with a legal entity also does not allow “finding a loophole” in this law, since, in this case, a foreign company can become the owner of an agricultural land plot only if 51% or more of the authorized capital of the company belongs to citizens of a particular state.
For all its superficial simplicity, the procedures for registration and re-registration of land plots are not as obvious as it might seem at first glance, and the time for registration of ownership from the moment a property is selected to the receipt of a certificate of ownership can be from six months. What to do? Give up the idea of acquiring liquid land plots and building your own facilities on them? Of course not! You just need to turn to professionals.
With solid administrative resources, a team of professionals and many years of experience in the segment of the purchase / sale of real estate, ARCGROUP offers a full range of services for registration of land plots, their re-registration, transfer from agricultural status to commercial status, division, accession, change of geometry and much more.
